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2-day ILO training at Dhaka Regency

The management and associates of Dhaka Regency Hotel & Resort participated a two days long training on Master Class Leadership and Management Development organized jointly by ILO B-SEP Project and Technical and Vocational Education Board, Government of Bangladesh. ???????????????????????????????????? Total 37 participants from Dhaka Regency participated in this workshop as conducted by Mr. Francis De Silva, Senior Specialist, BSEP project of ILO. At the end of the training, certificates were distributed to t...

Axiata completes Ncell acquisition

Axiata Group Berhad (Axiata or Group), one of Asia's leading telecommunications groups, marked its milestone entry into the Nepal telecommunications market with the successful completion of its acquisition of Ncell Private Limited (Ncell), the number one mobile operator in Nepal. With its expertise, proven track record in South Asia and strategic intentions to bring long-term national development, Axiata brings together connectivity, technology and people for the broader goal of Advancing Nepal. President & Group Chief Executive Officer of Axiata, Dato’ Sri Jamaludin Ibrahim said, “The unique mix of a controlling stake of a well-managed number one player in a healthy, growing market presents Axiata the perfect expansion opportunity of its footprint. The addition of Ncell

IMF lowers forecast for global economy

The International Monetary Fund (IMF) on Tuesday stepped up its warning of weakness in the global economy ahead of a gathering this week of the world’s top economic policymakers in Washington. The IMF said it anticipates the global economy would expand by 3.2 percent this year, down 0.2 percentage points from its forecast just three months ago. And the fund candidly admitted that even that projection could easily prove too optimistic amid upheaval in emerging markets, slowdown in China and fraying political and economic ties in Europe. imf 2

ECNEC okays nat’l agro tech programme for 57 districts

Aimed at improving the socio-economic conditions of the farmers and alleviating poverty, the government has launched National Agricultural Technology Programme (NATP-2) with an outlay of Taka 1,878 crore. Over 28,40,000 farmers families would be benefitted after the implementation of the project in 270 upazilas under 57 districts by September 2021, reports BSS. The Executive Committee of the National Economic Council (ECNEC) today approved the NATP-2 project along with seven other development projects at its 26th meeting in current fiscal held at the NEC conference room in the city’s Sher-e-Bangla Nagar. ECNEC Chairperson and Prime Minister Sheikh Hasina chaired the meeting.

JS body for launching e-tendering

The Parliamentary Standing Committee on Housing and Public Works Ministry today recommended launching e-tendering for all tenders process to ensure transparency and make the process easy. BD TelcomThe committee made the recommendation in its 13th meeting at Jatiya Sangsad Bhaban with its chairman Alhaj M Dabirul Islam in the chair, a press release said. Committee members Housing and Public Works Minister Engineer Mosharraf Hossain, Kamal Ahmed Majumder, A K M Fazlul Haque, Abu Saleh Mohammad Sayeed (Dulal) and Begum Noo...

The all other banking scams in BD

On Feb. 4, $101 million dollars of Bangladesh’s foreign exchange reserves were stolen from its account at the Federal Reserve in New York. Only about $20 million have been recovered so far, and it still isn’t known who took the money or where it ended up. The heist is being described as one of the biggest bank robberies in history. But it’s hardly the first time tens of millions of dollars have vanished from Bangladesh’s banks. The high-flying cyberscam at the Federal Reserve pales in comparison with the routine plunder of Bangladesh’s financial system, including by some of its purported guardians. The country’s six state-owned commercial banks (SOCBs) control around one-quarter of all bank assets in the country but have on outsize influence on the economy thanks to their connecti...
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